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Cable Update (GBPUSD)

  • #96,721
  • Nov 10, 2008 10:18am Nov 10, 2008 10:18am
Quoting eohater
Good job bro! I think we'll be glad that we did!
I think so too.....

Gotta love it....
Attached Image
Patience + Discipline - Greed = Success
  • #96,722
  • Nov 10, 2008 10:19am Nov 10, 2008 10:19am
my target 1.5580... i may close it manually above
When life gives you lemons, make lemonade
  • #96,723
  • Nov 10, 2008 10:20am Nov 10, 2008 10:20am
Quoting eohater
We'll see it! My 9 little men are ready!
9!!!! good lad. kets have it. what tp u got?
please DON'T copy my trades I am still learning
  • #96,724
  • Nov 10, 2008 10:23am Nov 10, 2008 10:23am
Quoting ezmystic
9!!!! good lad. kets have it. what tp u got?
I don't know. I'll follow it and get out when she tells me it's time to get off her back. Right now, I'm SL+4. I know, I didn't plan on having 9, but my original 6 got buried and went to my long TP that I had, so I figured why not just add to her, I was going to go short there anyway. It's Monday so why not!
Just digging in the trenches like everyone else!
  • #96,725
  • Nov 10, 2008 10:24am Nov 10, 2008 10:24am
Quoting mike w
I agree with the 40's area as well. That'd be close to a 61.8 of this bearish engulfment on my 4 hour chart. I have my entries set to 1.5735 at the moment. Right now, it looks like bearishness is taking control again though. This next 15 minute should spell it out whether or not we will see those levels.

I'm watching the lower timeframes now as we could be seeing a 1-2-3 sell formation coming up. Three steps up, then down. IMO, that's what is happening now.
Great work Mike!!...
Patience + Discipline - Greed = Success
  • #96,726
  • Nov 10, 2008 10:25am Nov 10, 2008 10:25am
Quoting micho
excellent call eo as usual
I can't take credit for the short call! I was long targeting the 5720 area with an eye on 5740. Infinity pointed out the Shampoo! I'm just taking the ride!
Just digging in the trenches like everyone else!
  • #96,727
  • Nov 10, 2008 10:26am Nov 10, 2008 10:26am
Quoting emeric33
so everybody sees resistance support flags up and down...all kind of opinions in here..but anyone really understand what is behind these moves?
You just said it my friend- people buying and selling based off of many different convictions. This includes news events, technicals, advice, whatever. There are many different reasons.
I dream, therefore I become.
  • #96,728
  • Nov 10, 2008 10:27am Nov 10, 2008 10:27am
Quoting Infinity
Great work Mike!!...
I'll second that! He was spot on with his price!
Just digging in the trenches like everyone else!
  • #96,729
  • Nov 10, 2008 10:28am Nov 10, 2008 10:28am
Quoting eohater
I can't take credit for the short call! I was long targeting the 5720 area with an eye on 5740. Infinity pointed out the Shampoo! I'm just taking the ride!
We are working together bro...
Patience + Discipline - Greed = Success
  • #96,730
  • Nov 10, 2008 10:29am Nov 10, 2008 10:29am
Quoting eohater
I can't take credit for the short call! I was long targeting the 5720 area with an eye on 5740. Infinity pointed out the Shampoo! I'm just taking the ride!
you and infinity then
half my candles are not there!!! i cant see anything
When life gives you lemons, make lemonade
  • #96,731
  • Nov 10, 2008 10:32am Nov 10, 2008 10:32am
I didn't like that m15 close at all...
Patience + Discipline - Greed = Success
  • #96,732
  • Nov 10, 2008 10:33am Nov 10, 2008 10:33am
Quoting Infinity
I didn't like that m15 close at all...

We may have touched lows for the session.

  • #96,733
  • Nov 10, 2008 10:33am Nov 10, 2008 10:33am
Quoting Infinity
I didn't like that m15 close at all...
This thing is really acting weird today but I am short @ 1.5777 and would like to hang out to atleast 1.5600
Please ask questions and share your experiences with us all!
  • #96,734
  • Nov 10, 2008 10:35am Nov 10, 2008 10:35am
with this choppy action i doubt to break 1.5650 ...
When life gives you lemons, make lemonade
  • #96,735
  • Nov 10, 2008 10:35am Nov 10, 2008 10:35am
Quoting AmeriTrini
We may have touched lows for the session.

I hope not..... I would be surprised if we don't see at least 5600 today...
Patience + Discipline - Greed = Success
  • #96,736
  • Nov 10, 2008 10:36am Nov 10, 2008 10:36am
Quoting mike w
You just said it my friend- people buying and selling based off of many different convictions. This includes news events, technicals, advice, whatever. There are many different reasons.
im buying, and selling and rebuying,..it feels so nice...but i couldnt just sell...not anywhere close to 1.5666...
its just money
  • #96,737
  • Nov 10, 2008 10:37am Nov 10, 2008 10:37am
My last four hour candle closed as a bearish engulfment, BEOVB, whatever you want to call it- it was bearish IMO. That's showing, to me, more downside in the mix. That will especially contain some strength on the break down of the Gann line support. This is just a period of retracement one would think. Anywho, I'm staying short for the time being and going out for some lunch now. Good luck to everyone in trades and the ones thinking about getting into any, Use your heads! Have a good one everybody.
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Click to Enlarge Name: last bearish.gif Size: 18 KB
I dream, therefore I become.
  • #96,738
  • Nov 10, 2008 10:39am Nov 10, 2008 10:39am
shit got stopped at BE
please DON'T copy my trades I am still learning
  • #96,739
  • Nov 10, 2008 10:41am Nov 10, 2008 10:41am
Quoting mike w
My last four hour candle closed as a bearish engulfment, BEOVB, whatever you want to call it- it was bearish IMO. That's showing, to me, more downside in the mix. That will especially contain some strength on the break down of the Gann line support. This is just a period of retracement one would think. Anywho, I'm staying short for the time being and going out for some lunch now. Good luck to everyone in trades and the ones thinking about getting into any, Use your heads! Have a good one everybody.
Enjoy your lunch Mikey!!!
Patience + Discipline - Greed = Success
  • #96,740
  • Nov 10, 2008 10:42am Nov 10, 2008 10:42am
Quoting ezmystic
shit got stopped at BE
shit man why?!?!?!!?
When life gives you lemons, make lemonade
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